Chris SeveneyPoster
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Note Investing Under-Discussed Topics
For note investors, what are the topics you feel are not discussed enough in the note space ?
My top 3 are:
1. Understanding and evaluating risk as part of your due diligence in calculating bid price
2. Due diligence on the seller and if they are legitimate (have a great example today where I have seen a tape now for 2 years and the sellers BPO goes up every time on vacant assets - one which I did a BPO on and the property is worth $30k (since it doesn’t have any doors or windows) and seller says $140k (up from $100k from April) - where seller has a very negative reputation in the space)
3. Legal ramifications in the industry.
3.